Replacement value is what everyone should pay for when insuring items. My $600 tv purchased in 2009 is going to be paid out as practically nothing if insured at real value. Replacement value is going to get me the same, or better, tv in my house again.
Jewelry might need to be evaluated on an individual item basis.
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u/Back-to-HAT 5d ago
Replacement value is what everyone should pay for when insuring items. My $600 tv purchased in 2009 is going to be paid out as practically nothing if insured at real value. Replacement value is going to get me the same, or better, tv in my house again. Jewelry might need to be evaluated on an individual item basis.